Manar Group 401(K) Plan — Form 5500 plan (Manar, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Manar Group 401(K) Plan is a benefit plan reported by Manar, Inc. under EIN 35-1320960 and plan number 001. The latest loaded filing year is 2023. The filing reports 308 participants and $7,115,365 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Manar, Inc.
EIN
35-1320960
Plan number
001
Plan type
2
Location
Columbus, IN
Latest filing year
2023
Participants
308
End-of-year plan assets
$7,115,365

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023308H, C20240920104658NAL0007329377001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$7,115,365
Total liabilities (EOY)
$99,362
Net assets (EOY)
$7,016,003
Net assets (BOY)
$5,710,379

Income & contributions

Employer contributions
$175,864
Participant contributions
$485,904
Total contributions
$704,255
Total income / additions
$1,727,461

Expenses & distributions

Benefits paid
$372,875
Administrative expenses
$48,962
Total expenses
$421,837
Net increase / (decrease)
$1,305,624

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Shepherd Financ Invt Advisory LLCNONE$29,794not reported in the loaded dataset2023
Stancorp Financial GroupNONE$25,669not reported in the loaded dataset2023

Related Form 5500 pages